After 20 months of trying to raise funds, insurance startup Loop cuts staff

This post is by Dominic-Madori Davis from TechCrunch

Loop, the car insurance company co-founded by Harlem Capital co-founder John Henry, has laid off staff as the company struggles with fundraising.  Henry took to Instagram to post the email his co-founder Carey Nadeau sent to impacted staff on June 16th. Nadeu also posted the letter to LinkedIn. It stated that this was the “absolute […] © 2024 TechCrunch. All rights reserved. For personal use only.